2. WhatisthegreatDepression
The Great Depression was a vicious worldwide
economical misery during the period of World War
II. It began in most countries in 1929 and ended at
early 1940s . This crises had many serious causes
that led to many devastating effects.
3. Economical Causes Within
The U.S.
Nowa days,the Great Depression is commonlyusedas
an example of howfar theworld's economy can decline. This
economic depression startedoff in the U.S.,as themarket
hascrashedinOctober 29,1929.That day wasknownas
(BlackTuesday).
4. U.S. Economic Policy with Europe
As businesses began failing, the government
decided to create a policy called “Smoot-Hawley Tariff”
in 1930 to help protect American companies. This policy
stated that everything imported requires a high tax
which leaded to less trade between America and foreign
countries.
5. Economic Effects of the
Depression
TheGreatDepressionhaddevastatingeffectsin
countriesrichandpoor.Personalincome,taxrevenue,
profitsandpricessunk,whileinternationaldealsdropped
bymorethan50%.
6. Health Effects of the Crises
Starvation was a
serious health problem
that led to
uberulosis an
infetious baterial
disease haraterized
by the growth of lump.
Health are was diretly
related to inomes and
with up to 25% of the
population were
unemployed.
7. Conclusion
As a conclusion the great
depression was an economical
misery. This misery had many
causes leading to many effects.
It caused starvation, diseases,
and 25% of the population
unemployed.